All compute deals

OpenAI / Stargate (SoftBank, Oracle, MGX)

Announced 2025-01-21 · Undisclosed · $100B · $500B intended over four years

Stargate is a new company that intends to invest $500B over four years in U.S. AI infrastructure for OpenAI, beginning with $100B. Initial equity funders: SoftBank, OpenAI, Oracle, and MGX. Technology partners: Arm, Microsoft, NVIDIA, Oracle, and OpenAI. This is a project-company build, not a bilateral cloud offtake. The $100B figure is the initial deployment; the $500B figure is the stated intention.

Delivery target: Texas buildout underway at announcement

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